BS Corporate Finance

Program Features

The BS in Corporate Finance degree is designed to provide a formal education in areas of finance such as financial management, investments, portfolio management, financial statement analysis, risk management, money and credit markets, cash management, lease financing, bankruptcy, mergers and acquisitions, and international finance. Recognizing that financial managers require a broad range of skills such as communication and interpersonal skills, ability to work well in teams, critical thinking, analytical and marketing skills, the core curriculum has been designed to include sufficient subjects in management, marketing, economics, accounting, and communication. To ensure a well-rounded education, students also complete courses in law, ethics, and data analysis using computers.

Career Benefits

The BS in Corporate Finance degree prepares students to become financial managers. Students with a BS in Corporate Finance may become controllers preparing financial reports and forecasting the company’s financial future. Treasurers and finance officers prepare budgets for companies. Credit managers determine credit ratings and in general oversee a firm’s credit policies. Students who have an aptitude for international finance may be more interested in working for multi-national companies. Cash managers deal with cash receipts and disbursements on a daily basis. Risk managers help firms control risk arising out of financial transactions and exchange rate fluctuations. Financial institutions employ financial managers to oversee lending, mortgages, and investments. Financial managers also play an integral role in mergers, acquisitions, and global expansion.

BS Corporate Finance students at Cleary University are required to take the cost and financial accounting courses required in the accounting major. Hence, students have a thorough understanding of finance and financial accounting required to face the challenges of finance positions at any corporation. This unique feature of the Cleary Finance program gives our students a competitive advantage.

Program Learning Outcomes

Upon completion of this degree, the graduate will be able to:

Analyze and interpret financial statements of companies

Apply advanced financial and cost accounting concepts

Compute the value of real and financial assets

Employ sound and ethical investment and financial decisions

Analyze and manage risk as a financial manager

Explore the functions and operations of financial markets and institutions

Required Courses

MGT 400 - Management Skills Seminar

This course provides students with the tools to successfully inspire, empower, and develop people. Students will learn advanced skills in planning, organizing, leading, and controlling individuals and teams. Skill development topics such as meeting facilitation, communication, conflict management, and stress and time management will be studied. Current trends will be featured.

FIN 475 - Advanced Corporate Finance

This course studies the major decision-making areas of managerial finance and selected topics in financial theory. Topics introduced in Corporate Finance (FIN 401), such as the cost of capital, capital structure, and dividend policy, will be covered in more detail. Additional topics addressed in the course include lease financing, mergers and acquisitions, corporate reorganization, financial planning, and working capital management.

ORN 101 - Foundations in Undergraduate Studies

This online course includes an on-campus student component. It prepares the student to be successful in Cleary University's undergraduate academic program. Students learn how to use Cleary’s course management software, receive an introduction to Cleary's electronic research tools and library services, and review the writing process. Academic policies are reviewed and student skills are measured. Successful completion of this course is a degree requirement.

CAS 140 - Presentation Techniques

This course will teach students to use presentation applications such as PowerPoint and Prezi. Topics include planning a presentation (including the technical aspects of presentation, incorporating graphics, animations, sounds, and importing objects from Microsoft Word and Microsoft Excel.

NOTE: For the ABA degrees, the requirement is CAS 107 and CAS 111 or CIS 150. See the course catalog or your advisor for more details.

NOTE: For the ABA degrees, the requirement is CAS 107 and CAS 111 or CIS 150. See the course catalog or your advisor for more details.

BAC 300 - Business Research and Communication

This course introduces the transfer student to academic resources: distance technology; project-based learning; working in teams; academic policies, processes and expectations; and the accelerated learning environment. Cleary’s online environment is introduced and explained. Students learn how to use electronic resources to conduct research, analyze findings, and report results in written and oral form. The research and writing processes are introduced and used to create academic papers and business reports. Plagiarism and academic ethics are discussed and students learn how to properly acknowledge research sources using APA format. Students learn to make effective formal presentations for local and remote audiences.

ACC 472 - Advanced Financial Accounting I

This course provides an in-depth examination of accounting for business combinations. Emphasis is placed on direct acquisitions, preparation of consolidated financial statements, and miscellaneous topics related to business combinations.

ACC 440 - Cost Accounting I

This course covers the role of the management accountant in an organization. Emphasis is placed on planning and controlling operations and on supporting decision making. Specific topics include cost concepts, cost behavior, job-order and process costing systems, cost-volume-profit analysis, and variable costing.

LAW 320 - Business Ethics and Legal Issues

This course provides an understanding of the body of legal principles that govern the structure and conduct of business organizations. This survey course covers such topics as the legal environment of business, regulatory environments affecting business, business-to-business relationships, and business ethics and social responsibility.

ECO 250 - Macroeconomics

National and international economic policies have powerful and direct effects on business operations. Business fluctuations, inflation, unemployment, monetary and fiscal policies, and international trade are discussed in the course.

OPM 400 - Operations Management

This course provides an overview of key operational issues and processes used in both service and manufacturing organizations. It also reviews the basic analytical methodologies and tools used to manage the production process. Using case studies, students will be exposed to a variety of business and industry models that illustrate the linkages between the inputs brought into the organization and the resultant products and/or services offered to customers.

MTH 440 - Statistics for Financial Economics

This course is designed for finance and accounting students. It integrates concepts from finance and economics to demonstrate the use of statistics in the real world of business. The course emphasizes statistical applications to finance, accounting, and business. Topics taught include descriptive statistics, probability theory, distributions, correlation, and regression.

MTH 180 - Introduction to Business Statistics

The ability of students to enhance their capacity to gather and analyze meaningful data using a variety of statistical techniques, is essential to business success. Topics include graphical and numerical descriptive methods for describing data, such as frequency distributions, measures of central tendency, and dispersion.

MKT 415 - Interactive Marketing

This course explores marketing principles combined with Web-based strategies in an effort to reach customers and build individual relationships. Tools such as electronic advertising, direct e-mail, and electronic commerce are studied. Value analysis will be used to determine the individual customer’s contribution to profit, Web metrics, and analysis of buyer behavior.

MGT 420 - International Business

This course stresses the synergy/connection between environment and culture, and the strategy and functions of business management. It further provides an overview of the functions of business in an international context. Basic economic principles are studied in international markets including micro- and macroeconomics, fiscal and monetary policies, and banking. Factors affecting foreign trade and multinational business are explored, especially the various social, political, technical, and economic complexities of doing business in foreign countries.

FIN 435 - Financial Institutions

This course discusses how a bank operates, the government regulation of the banking industry, and the importance of non-bank financial institutions. It will also address how adverse selection and moral hazard have led to problems in financial institutions.

FIN 425 - Portfolio Management

This course focuses on the development of modern portfolio theory and measurement of investment performance under different risk scenarios. It discusses the various investment alternatives available in today's financial markets and the risks associated with these investments. This course also discusses investments strategies with the derivative securities such as options and futures.

FIN 401 - Corporate Finance

This course provides an introduction to the theory and methods of corporate finance. The course will focus on the following topics: the time value of money and capital budgeting techniques, uncertainty and the trade-off between risk and return, security market efficiency, optimal capital structure, and dividend policy decisions.

FIN 200 - Introduction to Business Finance

Students will understand financial terms, financial statements, financial ratios, and how they affect the operations of a business corporation. This course is meant to be an introduction to finance and accounting for all students who may have budget, profit and loss responsibilities, and intend to contribute to the financial success of their companies. This is a basic finance course for students aspiring to be entrepreneurs and non-financial professionals.

ENG 160 - Business Composition

Students will acquire writing skills necessary to prepare for advanced business courses. Students start at a fundamental level, beginning with an introduction to writing, moving on to writing strategies, and concluding with methods of development. This course presents writing as a means of exploring, developing, confirming, and communicating ideas. Students will apply the basic principles of language structure and become more familiar with APA documentation.

ECO 320 - Economics of Business

This course provides a managerial viewpoint of macro- and microeconomic concepts that shape business environments. Macroeconomic topics include national accounts and income determination; monetary and fiscal policy; Federal Reserve System; and employment, inflation, and growth. Microeconomic topics include market structure, price theory, and supply and demand. The emphasis in this course is the business manager’s viewpoint, building an understanding of the relationship of economic theory to management practice and decision making.

ACC 415 - Governmental/Nonprofit

In this course, students will study issues in municipal accounting, especially as relevant to city, state, and federal agencies with attention to bond financing, funds, and budgets. An overview of accounting for nonprofit organizations will also be presented.

ACC 382 - Intermediate Accounting III

Advanced financial reporting concepts are the focus of this course. Major topics include accounting for debt and equity securities; application of revenue recognition principles; accounting for income taxes, pensions, leases, changes, and errors; an in-depth study of the Statement of Cash Flows; and understanding financial statement notes and disclosure requirements.

ACC 381 - Intermediate Accounting II

Advanced financial reporting concepts are the focus of this course. Major topics include accounting for assets (tangible and intangible), depreciation methods, reporting requirements for current and long-term liabilities, accounting for dividend distributions, accounting for convertible securities, and computing earnings per share.

ACC 280 - Intermediate Accounting I

Advanced financial reporting concepts are the focus of this course. Students perform an in-depth examination of financial statement preparation, analysis, and reporting. This course also explores asset measurement and income determination as applied to cash, receivables, and inventories.

ACC 255 - Introduction to Taxation

This course provides a broad overview of Internal Revenue tax codes as applied to corporations and individuals. Students will study various corporate transactions, including the formation, operation, and liquidation of the entity. Individual taxation transactions will also be introduced. The goal of this course is to provide students with an understanding of fundamental corporate and individual tax concepts.

ACC 247 - Principles of Accounting III

This course examines the unique aspects of accounting for corporations including stock transactions, accounting for dividends, earnings per share, and business combinations. Other topics include accounting for bonds payable, the statement of cash flows, and financial statement analysis.

ACC 246 - Principles of Accounting II

Students explore the balance sheet in more detail, focusing on internal control of cash receipts and payments, accounting for receivables, inventory cost flow, fixed assets and intangible assets, and current liabilities.

ACC 245 - Principles of Accounting I

This introductory course examines the basic principles of accounting. Students work through the entire accounting cycle by analyzing and posting business transactions, recording adjusting journal entries, and preparing basic financial statements. Accounting systems and controls are also covered.